(CNN) -- Got an idea that could change the world, or at least help a lot of people? Google wants to hear from you -- and they'll pay as much as $10 million to make your idea a reality.

Google Inc. will award $10 million to solicit ideas it believes could benefit the world.

To help celebrate its 10th birthday, the ambitious Internet giant is launching an initiative to solicit, and bankroll, fresh ideas it believes could have broad and beneficial impact on people's lives.

Called Project 10^100 (pronounced "10 to the 100th"), Google's initiative will seek input from the public and a panel of judges in choosing up to five winning ideas, to be announced in February.Google announced the project live on CNN on Wednesday morning.

"These ideas can be big or small, technology-driven or brilliantly simple -- but they need to have impact," said Google in a press release. "We know there are countless brilliant ideas that need funding and support to come to fruition." Rest of article.............

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